Do you write options or buy options in intraday trades?
99% selling or net credit strategies …
I have plans todo Breakout strategies as well , but in the near future
Does someone here use NEST to trade? How is it better than Kite web? How to shift from kite to NEST if I want to?
i like NEST for its ease of use of basket orders … really a good feature for people who do mostly straddle/strangle/condors
basket order in NEST is really really easy to use … we can sort the orders in the basket and we can check/uncheck the orders before placing them …
used ODIN as well , but none can be comparable to that of NEST basket order
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last three years back i am heavily trading in expiray and intraday , after i met lot of people those who are succesed in stock market life , then i learned lot of things from them , i will share something in this forum , this is full of my opinion only
Now i fully stopped intraday and reduced expiray day trading convert to positional best and well manageable strategy , this kind of strategy will not only reduced stress but profit is greater than Minutes strategy ,
The mentor told to me , if you are trading actively now , passive income want to come from stock market for you after 5 years , Mentor explained to me , plan first , why we need to trade , how long i can sustainable in stock market , how can create passive income after 5 years , how we can become rich , then how we can mange a loss trade , Those who have a answer to these question these people we can see in stock market after 20+ years also , others will work for others are trying to find other job , are try to recover the money ,are doing something else, sucessed mentor explained to us
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All fair points, but doing positional in options requires big capital at disposal which most of the traders who start out don’t have, that’s why they are lured into intraday.
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Agreed , but small amount we can invest but not to trade 90% you cannot mange a trade with small amount , when you are trading with small amount you will become more fear and emotion when you see a red in your screen , then you will do lot of trade like square off again opening a new trade ,Because the fear is we will wipe out , and any small profit brokerage and taxes will eaten up
some example if you have 10L you are expecting 40k every month you will never wipeout mostly .
In 10L you are expecting 1L every month 99% have a chance to loose a capital one day
Reasonable return we can expect from market is only 40 to 45% in any kinf of trade
These kind of psychology only driven the market
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Hey can you tell some positional strategies … I am expecting 50k per month from 12 L capital.
I always failed in positional due to wild moves.
This I agree with. Doesn’t matter what type of trading you do, one needs to have reasonable expectations. Most people treat intraday as get rich quick scheme and wipe out their entire capital.
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Below is the list of high liquid option sorted by total open interest in market.
NIFTY
BANKNIFTY
YESBANK
RELIANCE
SBIN
IBULHSGFIN
MARUTI
ICICIBANK
HDFCBANK
HDFC
TATAMOTORS
ITC
SUNPHARMA
TATASTEEL
BAJFINANCE
IDEA
AXISBANK
TCS
ZEEL
INDUSINDBK
INFY
LT
ASHOKLEY
IDFCFIRSTB
BANKBARODA
PNB
KOTAKBANK
DLF
BPCL
TITAN
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Buying weekly … tried 3/4 times in another account , got one good pft but missed a big pft in that trade ie bought calls at 120 and sold at 150 … but it hit 300 during One sharp upmove…
I think It’s easier to manage breakout trades in futures than in options though .
Probably try to refine it in the near future
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Total charges for this trade? You have 54 notifications. Either you have updated your entry/ exit points (which is very bad as you don’t have a fixed strategy and you let your emotions take control) Or have traded multiple times which can lead to large charges including brokerages and STT.
Took total 17 trades(B+S).
Brokerage,taxes etc - 360.
Today’s lesson - book small profits else be ready for big losses. 
Hi @Riyas_Ahamed,
Thank you for sharing this. Are there any other books or resources such as these that helped/impacted the way you trade now?
If yes, could you please share them to help many of us.
hai, @prash_u,
thanks for you feedback , i already share lot of strategy openly in this forum , still more people asking me about more strategy , i explain calender spread , ration spread, BCB strategy etc with adjustment no one cannot understand clearly , no need to deploy or find more strategy , i am stick with 3 strategy only i am making money , most people likely trading intraday , i am not a person to explain intraday . any way i will share some important books what i learned useful
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how i am managing one strategy i will explan
I Buy NTPC at the average price of 111 its equal to one lot 3.5 years back , i write call every month the strike 120CE i will get around 10 k the same i will write 95 PE for 8k , every month i will get 18+ k in ntpc as writing Option , annually NTPC is giving 5 % stock dividended thats bonus for me , the stock never move anywhere but 100% i get back all money i invested in NTPC , this type of strategy i am using, now the stock investment is free for me i will keep for a decade , this kind only i am building my portfolio .
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Haven’t read it yet, but heard it’s good.
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Hi Riyas,
Ratio spread is buying 1 ATM and selling 2 OTM.
Can you please brief your 3 leg strategy.
Ratio spread really giving me high losses.